Braskem (BAK) Change in Working Capital (2009 - 2019)
Braskem (BAK) posted quarterly Change in Working Capital of $754719.8 for Q1 2019, down 46.16% year-on-year from $1.4 million in Q1 2018, and up 107.8% on a QoQ basis from -$9.7 million in Q4 2018.
Braskem (BAK) Change in Working Capital (2009 - 2019) Analysis & Trends
Braskem (BAK) has reported Change in Working Capital for 11 consecutive years, with $754719.8 the latest figure, recorded in Q1 2019.
- Quarterly Change in Working Capital fell 46.16% year-over-year to $754719.8 in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $18.9 million (down 71.0% YoY) and the FY2018 annual result came in at $20.0 million, down 70.12% from the prior year.
- Change in Working Capital rose to $754719.8 in Q1 2019 per BAK's latest filing, from -$9.7 million in the prior quarter.
- Over the last five years, Change in Working Capital for BAK reached as high as $36.7 million in Q3 2017 and fell as low as -$79.3 million in Q1 2015.
- A 5-year average of -$1.9 million and a median of $3.7 million in 2016 frame the typical range for Change in Working Capital.
- Annual changes were most pronounced in 2017 — Change in Working Capital jumped 615.74% — and 2018, when it plunged 150.36%.
- Year by year, Change in Working Capital stood at -$68.2 million in 2015, then surged by 136.97% to $25.2 million in 2016, then dropped by 23.8% to $19.2 million in 2017, then tumbled by 150.36% to -$9.7 million in 2018, then surged by 107.8% to $754719.8 in 2019.
- According to Business Quant data, Change in Working Capital over the past three periods registered $754719.8, -$9.7 million, and $13.8 million for Q1 2019, Q4 2018, and Q3 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | - |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | -4.21 Mn |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | - |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | - |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | - |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | - |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | - |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | - |
| 10 | AdvanSix | 576.85 Mn | 559.27 Mn | 3.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 754,719.83 |
| Mar 31, 2019 | 754,719.83 |
| Dec 31, 2018 | -9.67 Mn |
| Dec 31, 2018 | -9.67 Mn |
| Sep 30, 2018 | 13.78 Mn |
| Sep 30, 2018 | 13.78 Mn |
| Jun 30, 2018 | 14.08 Mn |
| Jun 30, 2018 | 14.08 Mn |
| Mar 31, 2018 | 1.40 Mn |
| Mar 31, 2018 | 1.40 Mn |
| Dec 31, 2017 | 19.20 Mn |
| Dec 31, 2017 | 19.20 Mn |
| Sep 30, 2017 | 36.67 Mn |
| Sep 30, 2017 | 36.67 Mn |
| Jun 30, 2017 | 8.03 Mn |
| Jun 30, 2017 | 8.03 Mn |
| Mar 31, 2017 | 2.93 Mn |
| Mar 31, 2017 | 2.93 Mn |
| Dec 31, 2016 | 25.20 Mn |
| Dec 31, 2016 | 25.20 Mn |